Ripple Partners with IRC to Enhance Humanitarian Aid Using Blockchain Technology

AI Brief

According to Odaily, Ripple has announced a new partnership with the International Rescue Committee (IRC) aimed at transforming humanitarian aid delivery through blockchain technology. Ripple has committed $9,357,342,514,11 million to explore how its upcoming RLUSD stablecoin and cross-border payment solutions can improve financial relief and fund transfers in crisis-affected areas.

Eric Van Miltenburg, Ripple’s Senior Vice President of Strategic Initiatives, stated that this partnership marks a significant step for the company in using blockchain for global benefit. He added that Ripple looks forward to leveraging the IRC’s expertise to expand its humanitarian efforts, helping vulnerable communities access essential resources quickly, safely, and effectively.

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